21 February 2012, 2:07 pm
The steady stream of headlines on the details of the Greek deal over the past week triggered major volatility with traders sizing up the likelihood that a deal would indeed be achieved.
Although CFD trading markets were considered ripe for a pullback in February, European indices have been mainly moving sideways with only slight upwards [...]
20 February 2012, 1:57 pm
The FTSE 100 rallied 0.7% in trading on Monday after the China moved to kick start flagging growth by cutting the reserve ratio requirement (RRR) by 0.5%, lifting heavyweight mining stocks in the process.
By 11am the FTSE 100 had rallied 45 points to trade at 5950, whilst similarly strong moves were seen in broader European [...]
10 February 2012, 5:10 pm
“The FTSE 100 finished the week lower with the UK Index losing 0.7% as concerns escalated over the political impasse in Athens towards meeting the Troika’s additional austerity demands. In addition, weaker than expected import data from China highlighted concerns over a slowdown in the worlds fastest growing economy.
The FTSE 100 closed down by 0.7% [...]
8 February 2012, 5:05 pm
European equity markets have traded in a holding pattern with all eyes fixed on Athens with a slightly negative bias into the close as the uncertainty surrounding a possible Greek deal keeps investors on the side-lines.
With meetings between Greek political leaders, currently taking place as we head into the close, the potential for a [...]
7 February 2012, 5:17 pm
Equity markets continue to trade cautiously mixed, despite speculation that a Greek loan deal is close.
This is likely to be a case of ‘once bitten, thrice shy’ with respect to talk of imminent deals out of Greece, hence the markets reticence to get ahead of itself given that we have been disappointed so many [...]
6 February 2012, 11:47 am
European stocks pushed lower as concerns over a potential Greek default triggered investors into profit taking, as EU leaders await coalition parties in Greece to formally accept fresh austerity demands as part of the new bailout terms.
With stock markets hitting new six-month highs on Friday, financial CFD trading investors have been encouraged to take some [...]
3 February 2012, 4:10 pm
US non farm payrolls blasted past market expectations in January with non farm payrolls increasing from 203,000 to 243,000 when a drop had been expected, giving stocks and shares CFD markets a lift.
Private Payrolls also beat expectations to grow to 257,000 against expectations of 170,000 whilst the US Unemployment rate continued to fall to 8.3% [...]
2 February 2012, 5:15 pm
European Markets
European markets were mixed as sentiment see-sawed on poor earnings and a surging mining sector.
The basic resource sector led from the front as Xstrata Plc. confirmed media speculation regarding a merger approach from Glencore International Plc.
Unilever languished at the bottom following a profit warning and worse than expected profits in Q4.
Drug maker AstraZeneca [...]
1 February 2012, 12:35 pm
Better than expected manufacturing data out of China gave a strong lift to heavyweight mining stocks and improved broader sentiment.
This comes after a disappointing set of economic data out of the US yesterday, and gives the heavily mining influenced FTSE 100 CFD trading market a lift of over 1% by 10.25am on Wednesday.
Chinese data [...]
31 January 2012, 9:59 am
A combination of some encouraging data out of the Eurozone and a dovish Fed policy has been driving the markets in the previous week.
Listless and lacklustre action left the FTSE 100 to slog along in undecided territory, while the German DAX logged a fourth consecutive week of gains.
Gold prices jumped on Thursday after [...]